The Pakistan Housing Authority (PHA) has announced the auction of 1584 commercial shops located in Sector 1-16/3, Islamabad. This move aims to enhance the commercial activity in the region and provide an opportunity for investors and local businesses to secure prime retail space.
The auction is scheduled for April 28, 2026, and will feature a total of 24 shops up for bid. With growing demand for commercial properties in Islamabad, this auction is expected to attract significant interest from both national and international investors.
According to the details shared by the PHA, the shops are located in a strategically developed residential and commercial zone, making it a highly lucrative investment. The auction will be conducted in a transparent manner, and participants must meet specific conditions to participate.
A deposit of 5,000 rupees will be required to obtain the auction token, and bidders must also deposit a pre-bid amount of 100,000 rupees. This ensures that only serious investors are participating in the auction.
The shops being auctioned are of various sizes and are ideal for businesses looking to capitalize on the growing commercial demand in Islamabad. The PHA has emphasized that the shops are equipped with modern infrastructure and are part of a well-planned commercial complex.
This development is expected to bring about a significant boost to the local economy and create job opportunities for residents. The PHA has also stated that it will provide all the necessary documentation and guidelines to interested participants prior to the auction. Bidders will have the opportunity to inspect the shops and familiarize themselves with the legal terms before placing their bids.
The PHA encourages both seasoned investors and new businesses to take part in this auction as it provides a unique opportunity to secure commercial space in one of Islamabad’s prime locations